Market Update

U.S. Indexes Extend Record Gains, China Links HK and Shanghai Trading

Nichole Harper
10 Nov, 2014
New York City

Market indexes on Wall Street extended 3-week gains and the dollar firmed in international markets. Commodities prices edged lower and copper and gold traded at multi-year lows.

Dean Foods, 3D Systems, Sotheby

Mukesh Buch
10 Nov, 2014
New York City

Berkshire Hathaway net declined 10% but revenues climbed 10%. Boeing secured order worth $8.5 billion at a list price from a Japan based leasing company. Dean Foods and 3D Systems net swung to a loss. Sotheby

2-day Rise in Yen Drags Nikkei in Tokyo

Hiruki Nakamura
10 Nov, 2014
New York City

Market indexes in Japan closed lower after advancing for three weeks in a row and the yen strengthened. The yen extended two-day gains to 1.2% after falling sharply in the last two weeks. Takata plunged 17% after U.S. lawmakers demanded criminal investigation of air-bag recall crisis.

Australian Home Leanding Eases, Stocks Trade Lower on Weak Banks

Marcus Jacob
10 Nov, 2014
New York City

Australian adjusted home loans in September decreased 0.7% followed by 0.9% decline in August. The number home loans issued in a month has consistently stayed at or above 50,000 in the year-so-far.

AVEVA, Carlsberg Net Plunge; Serco Issues Fourth Profit Warning

Nigel Thomas
10 Nov, 2014
New York City

AVEVA net plummeted 46% to

L&T, REC, Tata Chemicals Net Soar; Coal India, Dena Bank Net Fall

Mukesh Buch
10 Nov, 2014
New York City

Adani Power quarterly loss narrowed. Coal India net fell 28%. Dena Bank and IPCA net plunged 52%. L&T profit jumped 7%. Motherson net slipped 25%. REC net and revenue climbed. Tata Chemicals net surged 91% on 11% increase in revenues.

ViaSat climbs; Humana, Intercept Pharma, Nvidia, Disney Plunge

Mukesh Buch
07 Nov, 2014
New York City

ArcelorMittal net swung to profit. Humana net plunged 66% but revenues climbed 20%. Northeast Utilities net climbed 12% to $235 million. Nvidia profit soared 45% on 16% increase in revenue. Walt Disney profit soared 8%.

Weekly Surge of 10.4% in Nikkei in Tokyo

Hiruki Nakamura
07 Nov, 2014
New York City

Nikkei index in Japan closed higher and extended weekly surge to 10.4% after actions form the Bank of Japan and GPIF. Exporters led the gainers today and in the week after the yen declined to a four-year low on the central bank

Australian Indexes Extend Gains Despite Weak Oil and Gold

Marcus Jacob
07 Nov, 2014
New York City

Australian market indexes surged 0.8% in the first week in November after rising 4% in October in active trading. The Aussie dollar edged lower and the gold and oil prices continued to slide for the sixth week in a row. Ten Network surged on takeover speculation. Orica received final offer.

Allianz, Swiss Re Net Climb, National Grid Net Declines

Nigel Thomas
07 Nov, 2014
New York City

Allianz net climbed 11% to

Pharma Earnings in India Rise, Bank of Baroda Net Falls

Mukesh Buch
07 Nov, 2014
New York City

Aurobindo Pharma quarterly profit soared 58%. BOB net fell 6%. Bharat Electronics net climbed 147%. Cadila Healthcare net surged 52% on 21% increase in revenues. Colgate-Palmolive net and revenues rose. Pfizer net swung to a loss and Torrent Pharma net jumped 75%.

Tesla Motors Net Loss Widens, Whole Foods Net Rises

Mukesh Buch
06 Nov, 2014
New York City

Apache net swung to loss. Advance Auto Parts net surged 18%. AES net soared 587%. DIRECTV profit plunged 13%. Hospira net and revenue surged. Mondelez Int net declined 11% after revenues fell 2%. Tesla Motors net loss widened. Whole Foods net jumped 6%.

Rates on Hold in Europe, Indexes on Wal Street Trade Near Records

Nichole Harper
06 Nov, 2014
New York City

Market indexes on Wall Street declined after comments from the European Central Bank left rates on hold and announced the central bank

Mitsui & Co and Marubeni Report Divering Results, Suzuki Sales Rise 4.4%

Hiruki Nakamura
06 Nov, 2014
New York City

Market indexes in Japan rested after five-day rally and the yen weakened for the fourth day in a row. Kubota Corp, the maker of mining equipment, reported small increase in sales. Marubeni Corp and Mitsui & Co reported diverging first-half results

Airbus Wins $10 B Order from China; Agricole Net Jumps

Nigel Thomas
06 Nov, 2014
New York City

Airbus secured $10.2 billion order from China Aircraft. AstraZeneca net tumbled 80% and sell Myalept business for $325 million. Credit Agricole net jumped 4%